Careers Slideshow: CIO Salaries 2011: Income, Bonuses on the Rise

By Dennis McCafferty  |  Posted 01-21-2011
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$77,873 is the overall projected compensation for all IT professionals in 2011, up from $77,604 in 2010.

CIOs and other IT executives have a reason to be optimistic in 2011, according to a new salary survey released by Janco and eJobDescription.com. Overall, compensation levels are on the increase from 2009 and salaries are returning to levels not seen since before the Great Recession. Another encouraging sign: The number of part-timers and contractors getting hired for critical projects is increasing, which is an omen that IT hiring and salaries will continue to climb. Janco CEO Victor Janulaitis says the survey results indicate that the bad times have "bottomed out" for CIOs and other IT professionals. But organizations will still remain cautious for now when it comes to overall budgeting. "There still are a number of companies who concerned that the recovery will not be strong enough to support increased IT spending," Janulaitis says. "Cost reduction is still the rule of the day." Another key finding: IT professionals are getting bonuses more so for positive impact they've made on the enterprise, versus the accomplishment of individually focused goals. "This shift in bonuses a push to motivate employees to improve the company's bottom line over and above everything else," Janulaitis says. Executives from more than 980 organizations took part in the survey. Here are selected highlights:

Dennis McCafferty is a freelance writer for Baseline Magazine.


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